 The following is a presentation of TFNN, the Tiger Technician Hour with your host, Basil Chapman. Call now. Call free at 1-877-927-6648. On the 8th of February, the day before leap year, we're looking at the Dow down 168 and 38,802. Now, it's been so, so difficult to get the usual criteria that I look for in some kind of a sell-off, because to get even a sell signal, let alone a sell mode, which is an upgrade of a sell signal, you would need to see the Dow down 380 to 420 in the futures early one morning and then an S&P down about 58 to 62, and then an attempt to rally, make an arch formation and close at the low of the day, then have some kind of overnight pullback trying to rally and the next day it opens up weak and it does it again, and it closes badly again. Down 380 in the Dow, you need almost 700 points in a couple of days in the Dow in the downside. We've seen that on the upside, but we need to see it on the downside and the same thing with the S&P. We're not seeing that. What I am seeing is just a sense of tiredness in some of the very big caps. I mean, a really good example now will be Microsoft trading at 405.58 down at $1.95, hit 420.82 just about two and a half weeks ago, and it's really struggling is making the potential for a dreaded H, being a spectacular winner. It's been a winner for the Dow, winner for the S&P, winner for the QQQ, winner for the XLK, and now it's just stalling. It's not failing. I mean, look at this weekly chart, and look at the monthly chart, Leg D, and yet it's just showing a certain sense of tiredness, and that tiredness can relate to slightly lower highs and slightly lower lows over a period of time, but we've only seen a little bit of that. I'm just using that as an example. Let's just go through this here. You've got the Dow in the inside track repellent zone. It's now gone. I just by accident hit this line. It's not automated. It's everything I do is fungible. We're looking at the Dow hitting, almost hitting the both the nine period exponential moving average. What am I talking about here? Oh, that's right, because in this one I've got it as pink. I have it black in my other chart. Pink nine period moving average and the green nine period moving average. Oh, let me just do it over here if you don't mind. Let's see. There we go. So that's crude oil. Look how nicely it is above the nine period moving average. Let me change the chart. I do you. So you see how it's pulling back, but do you see the nine period moving average still above the 14 period moving average? Do you see the chart? This is the inch a inch a day price. Just a thick gray line is already almost touching the 14 period moving average. It hasn't done that for a couple of days since it bounced sharply high with it gap up the other day. And now look, the nine period, sorry, this is the on balance volume, gave an exact reversal with a tiny little doji candle right there four sessions ago. And now we're looking to see whether or not there's some kind of follow through or as usual, we see some buying coming in to to really save the day. I think it's getting harder and harder to do that and you won't get that done unless you see the SMHs, which is semiconductors down 2.78 to 207.00. Well, just for a second round number, pulling back and it's still over the nine period moving average. The nine is over the 14. And this is this is strange. You see, this would always say that when you use a particular technique, you need to have a backup technique to be able to convince you that this particular indicator, which is usually very good, is not very good at this time. You see that perfect low on the fourth of January when the SMHs were down at 163.97. That exact ictus, that turnaround right there. Look at that beautiful turn to the upside. And then you would think that this would become some kind of an indicator, but look what's happened on balance volume has turned down sharply. And yet there's a big divergence because the price is moving higher. So I'm watching this very closely. Yes, we do have positions in the down, the SMHs on the negative side, just for trading positions, but I'm just watching this very closely. And as I said before, I'm not getting that huge sell. Why? Because this is the reason here. I've said it before and I'll have to say it again. Until we get bad news that the market takes as bad news and cheats it as a big negative. And that's the, I drew it here and I said there's a momentary pause for this dark news index and it's gone. And then we spiked above it. We've come back to test the actual trend line. But look at this, you've got, let me go through this because it's so important. We're wrapping up February. We need to be able to cover all these aspects that I consider to be important. Look, crude oil is rallying, but it's only a rallying. Oh, I always do that. Go to this chart, right? Yeah, there you go. Crude oil is rallying up 47 cents. It's not breaking out. It used the 200 period moving average in the weekly chart, very nicely in the 67 area, announced at 79. That's a pretty big move, but it's not really breaking out. In fact, it's already in leg C since the low was made if this was a leg B, I'd say, oh, that's just the start of move. So all I can say is let's see what happens at the close on Friday because you've got the nine period moving average, a flipping positive now, but this is a weekly chart. You have to wait for Friday at four. And the dating chart is still acting really well. I have to check this. Am I correct here? Moving average two lines. Oh, something happened last night. I knew there was something really weird. Oh, I'm going to have to do this over again. And I didn't want to, I was, I was praying. I was saying how fantastic it is that I've gone so long without my trade station platform shutting down and I'm losing, I lose all the data because it goes somewhere into the files. I just never get it back. I have to redo the charts, a whole bunch of charts. And you know, I'm doing thousands of charts over the year, notating them by hand. The daily weekly monthly 120-minute chart, whatever, even the one-minute charts, you know, one-minute chart of the E-mini, peak A, peak B, peak C, peak D, peak E, and leg F right now, right at the chart. I was going to say to the den and I thought, I'm just too busy right now. 5078 is the 200 period moving average. There could be resistance. We're going to be watching that. Anyway, let's get back to this. I knew there was something wrong. I'll try to fix it during the break. This is not right. I wondered why they so spread out. I'm looking at the wrong thing here. I am. This is the two. These are moving averages that are automated. It's not my moving averages. This is my big pink and the black one. I couldn't understand what was going on. Okay. So now I can say crude oil is moving up. Bonds are moving down. So the yields, if I go to the T and X, and that's really important because most of the rates are derived from the T and X, is in the upper range, made a peak D, doji candle is at 42.91. That's 4.291. But really, that's not, it's not breaking out to the upside. Doesn't this look like the crude oil weekly chart? I need this. If I'm really going to get a sell signal, I need to have some bad news that really says to the market to watch out. I'll be back down 149. Come back a little bit. If you're looking for potential trading setups in the stock market, then Rocket Equities and Options Report is a newsletter you should try. Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals. Sign up for Rocket Equities and Options Report today with a 30-day money-back guarantee so you have nothing to risk. For all the details and to start your subscription today, visit the front page of TFNN.com. TFNN Educating Investors. After all, he's got 45 years experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com Educating Investors. The Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The Gold Report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's Gold Report newsletter now at TFNN.com. We're looking for more than 20 traders for more than 20 years with live programming hosted by a variety of professional traders during market hours, the Tiger's Day. Available to all tigers and tigers for just $1 for the year. There's no cash or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Free at 1-877-927-6648. Hi, folks, we're back. Downs down 144. SAP is down 11. Really struggling to find momentum to the downside. So I'm not going to complain. I'm just going to say I'm watching this very, very closely. More importantly, overall, what I'm looking at here is the VIX index has not suddenly spiked sharply to the upside. I like to see the volatility index hang out low as the market pulls back. And only when there's really gone almost like a sell signal does the VIX actually wake up. I prefer that. Anyway, let's get back to our story. And I wanted to just check to see if there are any questions here. Yes, there is a question. Let me just do this right now. I want to go through everything very carefully. We've got time. There's nothing to rush about. You can see the Dow is only down 144. If it was down 325 and the SAP instead of being down 10 was down 32, I'd have to rush because that would be saying, hey, got to be careful. So the FXI, the Asia's China large cap has gone to an E. It looks like a peak E. It's pulling back. The 90 is still over the 14. The MACD is still strong. Stochastic is really good up in the 99% area. And when you've got to change things, it's frustrating. Let me just do that right now. Format the slow stochastic. I don't want the green is good. The red, I don't want to show. So what do I do again? Don't. Don't remember. I just want to get rid of it. Style. Oh, there it is. Okay. So let's get out of display. Front value. I believe that's correct. Let's just see what happens. We're out of there. Nope. Didn't do it right there. Right. It doesn't matter. So within that context, FXI has ready. That's the China large cap. It's pulling back some. The weekly chart still has a very ugly night. A pink nine period moving average below the 14 period. The MACD did cross positive. Stochastic is still way down 34%. On balance volume became a little bit overboard. So I'm watching this closely because if the FXI cannot go on a really bull strength to get. Don't tell me now. I've got a new thing. Oh, that's what I did. I really am on the ball today. So let's just do this. I'm looking at. Move chart interval chart style. No, I want. On the right, it should say axis skating. No axis. Axis skating on the right. I can't see where the price is now. All right. Don't worry about it. We'll get there in a moment. It should just say a little thing that says price on the right. This is a chart interval chart style. No, no, no. Count percent view data window. Remove axis scaling. I don't know what the axis is getting on the right, but let's see if I've got that here. Axis scaling. I'm going to put it on the right. Oh, now I've got it on the left as well. Oh, man. Who wants to waste time doing this? Unbelievable. What was I looking at? Axis scaling on the right. Not the left. Good grief. All right. I'll get back to it in a moment. Let's just get on. I wanted to show you something very important. So the XLK. XLK. So I've got price on the left, price on the right. XLK trading at 205.46. Made a peak D. It's got a gray A right here. If this pulls back into the 202 by Friday, if it's down below 202.50, 202.30, that's going to say, hey, be careful. Now we could start to see a pullback. If it's hanging out here with a 9B removing average, still good. That's a good sign. What is it? It's the S&P Select Tech Spider Fund. Let me just give this a click here. I'm really doing everything wrong today. Axis to the right. So why does it say... Oh, that's what it says. Okay. Sorry. The reason why you've got a silence there is I'm just desperately trying to get this. It irritates me to see it wrong. So I need to get this axis scanning on the left axis. Scan on the left. It says scan on the right. Why is it on the left? I don't know. All right. Enough with that. So I want you to go through the different things. Look, you've got NVIDIA. NVIDIA trading just down a little bit, down 12 with 774. Within the context of what we're looking at, it made... I'm calling this a peak F. I'm still calling it a peak F. The technicals are still pretty good. The casting is down under 80 or 75%. MACD's good registrants, not much weaker than it was at that big high at 83.94 on the 23rd of the month. And it's just pulling back a little bit. If you remember SMCI we were looking at, that is super micro company, semiconductors trading down 27 and 823. And I can't even... I've made them in grade because I should make them all in grade. I couldn't tell you. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14. About 14 or 15 round numbers. And today it opened at 120. All I can say is if I'm correct, and I will not know if I'm correct for a while, what we're looking at is that will become kind of a cloud at the top that it has to try to pierce as it pulls back. That's just my thinking. I don't know because I've never seen, to my recollection, I haven't seen this many in key stocks for years. Just, I mean, for years and years. So many. I've seen a couple every once in a while. I always mention that. And you remember ARM made that all-time high of 164.00. And here it is at 131. And even this has had a whole bunch of round numbers. I don't see any for today, nothing for today yet. All right, so within that context, it's making a potential dreaded H pattern. They are drew in. That means it fails at a peak A or B. It comes down, takes out the left-side low. That's weighed down. The left-side low is at 115.49. It had a 117 round number. But it's 100, so I'll make me put it over here. So it's got a lot of way to go to really break down. And what I'm saying is that the way I'm looking at the market right now, there are signs that tell me that we are definitely overbought, but that's not a guarantee to say that it has to break down. And I'm looking at all the different signs, the different signals. We'll see where the down closes today. Who knows? Down could turn up, could close up. 100 points has done that before. So this is an important phase. We've kept all our long positions. We added just two short positions. And we'll see what happens. All right. Now the question came in. I want to deal with this right now. Coin. What was the example? I actually typed it out. I would not forget to read it. And it's a very good question because it's what I wanted for ages now. Can you assess coin tomorrow on your show? Tom Lee, an incredible forecast and only CNBC guest is with, listening to it. And I absolutely agree with him. That Tom Lee is fabulous. He's looking at a soaring over the next few years based on supply demand. Also, how's fundamental story behind MJ sorting out? Should we put expected of money into coin? Currencies, commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. Teddy Kegstad breaks down the Forex markets every Monday using his 30-plus years of experience as a trading veteran of futures, Forex, stocks and options. Teddy releases his weekly Tiger Forex report every Monday morning with coverage of all the major currency pairs, including the Dollar Index, the Euro Dollar, Palm Dollar, Dollar Swiss, Dollar Yen, as well as many more. And he also has weekly coverage of the crude oil market and the 30-year T-bonds as they both influence Forex markets tremendously. 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And remember, at TFNN, we're so confident in the value we provide that we offer a 30-day money-back guarantee on all new premium newsletter subscriptions and services. You have absolutely nothing to risk, so why wait? Tune in live to Tiger TV and transform your trading journey because when you know better, you invest better. Join us and experience the difference today. TFNN Educating Investors Hello, so we were talking about the question came in. It's MJ, which is the Alternate Harvest ETF Cannabis Sector. That's the combined one, but the one that is US is SM... MSOS. MSOS or SMOS. There you go. SMOS. Oh, there's a little problem there. Let me just do this here. MSOS. There it is. Okay, MSOS, which is the Advisor Shares Pure US Cannabis Sector. So this one to me is probably a little, in some ways, a little bit better than the MJ, but actually, the MJ has been holding much better. So I don't know how to do it. And it's right there. The Chapman Insight Track Pro Palin Zone. We are long list, but so the question, they really took two completely different instruments. They're dealing with completely different things. So here you've got a longer term. If you have the patients, there's legislation. There's a whole bunch of stuff that has to go on for MJ. I do believe at some point it will all come right, but you need a lot of patients. So at this particular time, there's no comparison between the two because it's a time factor. Coin is already... Let's just get to the picture right here. Coin has already gone from under 120 to almost a double today to 212. And it's only in Leg C. So they two completely different animals. So Coinbase, and I'm just going to go GBTC right now, just to show you that this one, they all do kind of the same thing and they have slightly different patterns. This is already in the Leg E, huge extension. I mean, I can't believe when this was tutoring along under 12, I was saying to myself, you know, you had it once before 12 and it's screamed up to the 50s. Why aren't you... I didn't do it for subscribers. I apologize sometimes, you know. I missed the actual low turnaround and then I'll fuscate. But look at this. The 9-period moving average didn't break down. They big moved down into April into May. Then a continued hide went to the 200-period moving average, hung around. Coinbase did the same thing. Slightly different chart pan, but it broke above. The 200-period moving average now is like a sine wave, up and down and up and down. I could call this a brand new B in the weekly chart. Right now I'm calling it an F. I think it's becoming somewhat overboard. I think we're very close to a pullback. You remember I related the whole thing to gold. I can't relate to the MJ. The trading aspect is really what you're going to look at. That's why I went to Hood, which looks like Coinbase in a way, Robert Hood. Even today is holding very well after spectacular three, four days. So let's go back. So I'm treating it completely separately. If you're looking at longer term, the timing of MJ would be different altogether because this is, Coin is already in this huge breakout to the upside. I have to also show you Bitcoin. Look, Bitcoin, as I said, I think just on the on balance volume basis, it's getting very overboard. The MACD still hasn't even turned down yet. So that's a huge thing. The stochastic is flat at 96%. That's really good. Weekly charts are good. So the all-time high right here, that was November of 2021 of $73,790. I wouldn't be surprised if we get very close to it in this particular move. So I just got a ring. Someone rang the doorbell and we've got Brent in Martinez. Brent, how are you? I'm doing well, Basil. How are you? I'm well. Thank you. You'd like to look at. Yeah. Good to speak with you. And we're looking at the wisdom tree. If I can ever read these things. They're so great. You might have a long symbol because it should be B as in boy, G as in girl, S as in Sam, BGS. Is that BG Foods? Ah, BG Foods. Okay. Oh, I had this show up recently. There are a couple of food companies that have been showing up in my Screamer list, very, very low price, under $10. And it's so hard to get in because they are making low lows. And it's just the sudden event. Like yesterday, it's totally long at 9.50. Today, it is up 20% at 11.28. Now, you're going to tell me that you looked at it yesterday and you thought, this is interesting because you've got to turn around. I don't know if you use unbalanced volume, but you've got to turn around and it had the potential to move up. Therefore, you got some of it. Am I correct or am I wrong? I actually bought this way back, excuse me, in October. Oh. Just among some other stocks I caught the low. I bought, I mean, at $7.80. And so this is something that I've followed for a long time. I've been in it in the past and I had never really seen it get below around the 10-11 level. When I saw it break that and go down in the 7s, I went ahead and bought down at that low. And with the intention of holding it, actually longer term, it pays a decent dividend and just something that I think I caught the low. And honestly, I'd like to stay in this for the long term. So did you say you actually traded it or you held it all the way from October? No, I've held it. No, because I think I caught the bottom. So I'm planning on just staying in it, honestly. So I just have to go through this because it's what I always do when someone's held something that they thought would go higher but instead it went lower and lower and lower and lower. Where you get a move like this is trading at the high of the day, 11.33, and even yesterday you were just barely, well, not barely, you were actually quite nicely in the positive side, but you watched it go from the 11s down to the, well, down yesterday to the 8s. What was the exact date was 9.18 was the low. What's happening right now is what you wanted to see price wise, not chart wise, but price wise way back in October. So the thing I always say is if you suddenly see a price that you were hoping to get way back, but you actually had the patience to sit with it all the way down. And in fact, it was down, but it wasn't, I mean, it wasn't that bad, but you did sit with it on the way down. Then what I say is either you do one of two things, you either take something off immediately to say, shoot, thank you, thank you, thank you, trading gods, and you immediately raise the stop on what you've got left, or what you do is you, instead of a mental stop, you actually put in this time a physical stop, somewhere that you're really comfortable with, and then you just watch it rally. That's the way I do it because you've been through it for a long time. Now it's doing exactly what you wanted. So I think you need to do two things. One is reward yourself for being patient. And the other is to do exactly what we're going to do right now and say, what would be the upside potential for this particular stock? It once in a monthly chart went from about the 10 area all the way to the 46 area, and then failed, did a dreaded H, went even lower, and now is sorry to come back. I think it's worth looking at it and saying, what would be the potential? Is it earnings news today that's doing it? We don't know. Yeah, it came out yesterday. Okay, because I'd like to look at the weekly chart because that's giving us a tremendous amount of information because it just turned positive on the 914. The gold report. As a precious metal, gold is still king. It continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market, the US futures market, and the Shanghai Gold Exchange. The gold report. Tom O'Brien publishes his weekly gold report every Monday morning for subscribers, consisting of coverage of the XAU, HUI, GDX, the Dollar, Bonds, the South African Rand, as well as 25 different mining equities with specific buy-sell recommendations. The gold report. New subscribers get a 30-day money-back guarantee so you have nothing to risk. Subscribe to Tom O'Brien's gold report newsletter now at TFNN.com. To be your daily guide to profitable trades, Tom publishes his daily market insights newsletter every market day before the market open, along with updates when warranted. Stay ahead of the game with Tom's real-time analysis and trade recommendations delivered straight to your inbox. Whether you're a seasoned trader or just starting out, market insights provides the edge you need to navigate the markets with confidence. Ready to join the ranks of successful traders? Head over to TFNN.com and subscribe to Market Insights today. Don't miss out on this opportunity to supercharge your trading results. Market Insights comes with a 30-day money-back guarantee for all new subscribers, so you have nothing to risk. Don't miss out on this opportunity to revolutionize your trading game. Head over to TFNN.com right now to join the thousands of traders who have already experienced the power of Tom O'Brien's award-winning newsletter Market Insights firsthand. TFNN, educating investors. Directions Daily S&P Biotech Three Times Bull and Bear ETFs Visit DirectionInvestments.com slash Biotech today. An investor should consider the investment objectives, risks, charges, and expenses of the direction shares carefully before investing. The prospectus and summary prospectus contain this and other information about direction shares. To obtain a prospectus or summary prospectus, please contact Direction Shares at 866-4767523. The prospectus or summary prospectus should be read carefully before investing. An investment in the funds is subject to risk, including the possible loss of principal. The funds are designed to be utilized only by sophisticated investors such as traders and active investors. Distributor, 4-Side Fund Services, LLC. This program is brought to you by Vista Gold, traded on the NYSE American and TSX under the symbol VGZ. We've got Brent from California on the line, and this is... I'm just thinking. I might have to use Sheriff Tommy's newsletter, Rocket Equities. I should make the show called The Target Technicians Hour Rocket Ship Show, because this is a rocket ship, and in the den, I've got someone, and we've got Joey Deeds, so looking at ACMR, look at this one, ACMR, trading at up 36% $8.29.87. Whoo-hoo-hoo! This is fantastic. In the den yesterday, we had BBAI, looking at big bear holdings, up another... today it's just a rocket ship going from 2 the other day to 364. So let's get back to your BGR, was it? BGR? No, BGS. Could I add a couple of things, Basil? Sure. If it's a tad higher, it's going to start a leg C in the weekly chart. All right, fire away. Well, I just wanted to go back a little bit. I did, at the time, I bought those shares also. You know how I do the options as well. Right. I bought the $8, the January 2024 call, so I made some good money on those. I sold out as it got up in the 10 area, and then I just, you know, the other thing I wanted to mention that I noticed and it should show up on your chart and it's on the weekly. I used the 50 EMA. It has not been above that. I've been able to get above that level for going back to 2022, early 2022, so that's in there. I'm going to be watching to see if it can't finally get above that. Good. So okay, a couple of things. You see this ugly candle from you probably remember it well. Back in September the 8th, it said one minute it said 1249, the next down to 1110 big red candle and then that just triggered even more selling and the selling was continuous from the high of the 4th of August at 1315 and what does it do? It goes all the way down to $7.20. So within that context what I'm looking at here you see if you're able to see my charts you'll see there's a W formation that's unfolding in the weekly chart in the 9th period 914 crossover and right now the week is young we've still got to go to Friday at 4 o'clock and that is that you want to see this close with the 9th period moving average flipping positive for the very first time since it broke down in May of 2023 when it was up in the 13th that'll be a really good sign I'm not going to even talk about the monthly other than to say the technicals are starting to improve in the monthly not the 914 but the MACD years the stochastic years and the onbounders volume so this and the fact that we are now an hour and a quarter into the session it opened at 1017 it's like it's almost like a squeeze a short squeeze as well as people having been buying from the low in the 7s for quite some time and that just says to me oh so wait a minute I looked at the wrong chart so you bought it in October so actually you were never ready you never really lost anything on that although it got very close to your level on this recent pullback right yeah like I said I'm in the 780 so I was never in a position yeah okay I understand that yeah okay good but my thinking always is that when someone calls in and I include myself when you've got something and I haven't done it for ages that you're in a position and it goes against you and you thought it was going up but instead it's going down unfortunately we hardly ever get calls anymore while people saying sure I add to the losing position because that is just if that wasn't your plan you never want to do that so that's excluded but I did want to say that this big spike and now we're within a penny of the high of the day this to me is absolutely fantastic action because it seems to me you're covering BGS you're covering oh you can see it now in the one minute chart it's walking moving average the 5 minute chart the 10 minute chart I think you've got new buyers here I think something's happened that is changing we'll have to give it another two full days before you can actually the start of next week is going to be important right now it looks more than just short covering because you aren't even getting pullbacks there's buying is coming in and I'm not sure there's so many people would be short that they're just covering and covering I think this is new buying so I like the fact that you're in it I like the fact that you've you've done your homework you've done it way before and it's acting just the way you wanted it to so this is the way I'd look at it on a weekly basis let me just go back to the daily chart right here see yep so the daily chart is now going above the previous highs this would become I should call it an extension but if I had to call this a leg A I would probably stay with it as an A and I'm suspecting that when it does pull back it's going to pull back to the 1068 1050 area and then it's going to make it inside rectangle with higher highs and higher lows trying to get to whatever the highs in the next two days kind of that's the way I'm looking at it so that's very positive I like what it is I like the fact that the whole way I'm looking at certain stocks that I must go through them again because I forgot for write down exactly what they did there were certain stocks in the oil and gas area the that exploration and there were certain stocks in foods that were in the Screamalus way down in the five six sevens even the eights and nines and they had really big moves so it's just telling me that this is in the right category right now it's kind of under the was under the radar it became a little bit more in the radar now I was talking about that candle right here this is the candle of the 8th of the week of the 8th of September so 1249 is the high 1110 is the low we've just gotten back into it so that's kind of where I would look at it I'd say that how it handles the 1220 to 1240 area that's a point higher I'm sure you'll love to hear this is going to be very important over the next two weeks and how it handles support in the 1060s I'd even go to 1040s I don't want to see it take out to days low under any circumstances in the next two weeks so I think you this is a very nice one and I hope people are listening and do their own homework because it looks to me like we might get a change of trend in the weekly chart where from the midpoint right here in October you're starting to see that there's like a rectangle forming with higher highs and higher lows going towards the doji candle high of the 1st of September of 13 1316 so yeah congratulations thank you Basil yeah there's a number of stocks I've found some just literally well within the last few days but going back a couple weeks that have hit low so there's always those opportunities there's one that you might want to look at just in the same area of the one that you just bought recently in your newsletter I went with a little different one it's a SQM it's a Chilean company but it does a lot of the same type of stuff what's the symbol Sam Q is in question M is in Mary okay good thank you very much I always love to hear from you everybody's nice to hear from you grand thank you for calling take care yes it was lifted on about 30 inches low take care Basil thank you are you ready to take charge of your financial future TFNN is your gateway to the world of trading and investing whether you're starting out or scaling up TFNN empowers traders and investors of all skill levels with top-notch investing systems strategies and techniques it's time to protect and grow your money with insight you can trust join us live Monday through Friday during market hours for exclusive content that moves with the markets at TFNN we bring the trading floor to you our seasoned hosts are here to answer your calls and questions live on the air check out the tiger's den for just $1 and follow us on 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device 24 hours per day go to TFNN.com then hit watch Tiger TV that's TFNN.com then hit watch Tiger TV I've always said just want to check something else okay so AMCR I believe it was AMCR I hope I got that right gosh no I wrote it down I had already just real quickly we'll get that right now AMCR ACMR ACMR I think I have to say almost the same thing that I said to Brett that this is ACMR she's one of those days I guess is trading up very sharply this is what I'm going to say take something off it's just it's your duty to do that to yourself because you got a gift you weren't expecting yesterday 22 that it would hit 30 and take something off I like the charts very much the weekly charts good the monthly charts good ACMR I can't even see what it is ACM research yeah it's that's what I would say and the other one was I will deal with those for those of you in the den that have asked me questions I'll just text in what I'm looking at Fidelity National acting really well pd so I'm going to hand you over to Steve Rhodes you have a great session check out